Political Quotes

Donald Riegle: “I, too, want to join the Senator from New York in commending the Senator from Delaware for offering this amendment. I…”

On the recordMarch 17, 1994
I, too, want to join the Senator from New York in commending the Senator from Delaware for offering this amendment. I think this strengthens fair trade in financial services and should include insurance. We have a number of very fine American companies that should be able to compete abroad that are now being prevented from doing so by arbitrary barriers to their entry. This is an important addition to our amendment and it is one I support. It now has been offered and at the desk as an amendment to our fair trade in financial services. If no one wishes to speak on it, I urge the adoption of the amendment.
Said by
Donald Riegle
Democratic · Michigan

Editor's note · Context

Supporting an amendment to strengthen fair trade in financial services during Senate floor debate.

Share

More from Donald Riegle

Mar 16, 1994

Absolutely, it is well established that a violation of a regulation promulgated under a statutory provision is a violation of a requirement under that provision.

govinfo.gov
Apr 26, 1994

I understand the House bill permits foreign banks to branch interstate without the need for a subsidiary bank chartered in this country.

govinfo.gov
Apr 26, 1994

It does not. Oklahoma law and any other State law which sets a lower deposit concentration limit would be protected under this language. This section is intended only to set a ceiling above which a State may not go without a specific…

govinfo.gov
Apr 26, 1994

Yes. I have received 16 letters from State banking organizations from across the country expressing concerns that the language in the House bill gives foreign banks competitive advantages. These State banking organizations have all…

govinfo.gov

Other voices in this conversation